BFCSA: Do-Nothing PM Malcolm Turnbull under pressure over negative gearing...
Do-Nothing Malcolm under pressure over negative gearing flip-flop By Unconventional Economist in Australian Property at 12:12 am on April 10, 2017 | 1 comment By Leith van Onselen...
View ArticleBFCSA: Moody's say Australia 2nd highest household debt = extra risk for Economy
Loan limits firm up Australia's AAA rating but risks remain: Moody's Australian Financial Review Apr 10 2017 6:31 PM James Eyers Australia's prized AAA credit rating could be firmed up by the...
View ArticleBFCSA: ASIC enforcement taskforce recommends tightening bank rules to protect...
ASIC enforcement taskforce recommends tightening bank rules to protect customers Sydney Morning Herald April 11 2017 - 12:00am Sarah Danckert EXCLUSIVE Banks, financial services houses and credit...
View ArticleBFCSA: CBA to mortgage brokers: Beat rivals by churning. Borrowers at risk
CBA to mortgage brokers: Beat rivals by churning Australian Financial Review Mar 26 2017 5:17 PM Duncan Hughes Commonwealth Bank of Australia is encouraging brokers to churn mortgages rather than...
View ArticleBFCSA: Interest rate hikes by Banks ‘threaten financial system’
Interest rate hikes ‘threaten financial system’ The Australian 12:00am March 27, 2017 Michael Roddan Rising interest rates for property investors are increasingly posing a threat to the stability of...
View ArticleBFCSA: Mortgage crackdown to crimp borrowing capacity
Mortgage crackdown to crimp borrowing capacity Australian Financial Review Apr 4 2017 11:00 PM Jonathan Shapiro, James Frost A mortgage lending crackdown could cut in half the amount a typical...
View ArticleBFCSA: APRA interest-only crackdown a nonsense for Australian Bad Banks. 90%...
APRA interest-only crackdown a blip for lenders The Australian 12:00am April 5, 2017 Michael Bennet The banking regulator’s latest steps to rein in interest-only lending to homebuyers have been...
View ArticleBFCSA: Housing curbs reflect genuine concerns, says ABA's Anna Bligh
Housing curbs reflect genuine concerns, says ABA's Anna Bligh Australian Financial Review Apr 3 2017 11:00 PM James Eyers New Australian Bankers' Association chief executive Anna Bligh says it won't...
View ArticleBFCSA: The Big Guys Work For The Carlyle Group - Medcraft comments
The Big Guys Work For The Carlyle Group By Melanie Warner Fortune.com 3-11-2 http://rense.com/general21/car.htm ...Arthur Levitt, who just left the SEC, also work for Carlyle...
View ArticleBFCSA: APRA trying to rein in non-banks: Firstmac mortgage lending
APRA trying to rein in non-banks: Firstmac Australian Financial Review Apr 3 2017 4:54 PM Larry Schlesinger The "invisible hand of APRA" is trying to rein in mortgage lending by non-banks to property...
View ArticleBFCSA: Superannuation for house deposit proposal fuels rift within Federal...
Superannuation for house deposit proposal fuels rift within Federal Government ABC News12 April 2017 Caitlyn Gribbin A controversial proposal to allow young people to use their superannuation to buy...
View ArticleBFCSA: TOXIC LOANS STILL BEING SOLD IN AUSTRALIA: 90% of mortgages sold
TOXIC LOANS STILL BEING SOLD IN AUSTRALIA: Is the exposure to the Australian economy of likely property crash due to: 90% toxicity or the official 40% of loans being sold? Or is the truth, somewhere...
View ArticleBFCSA: Libor: Bank of England implicated in secret recording: The Big Bank Fix
It’s been normal practice since the 1990’s Libor: Bank of England implicated in secret recording By Andy VerityBBC economics correspondent http://www.bbc.com/news/business-39548313 Watch the report on...
View ArticleBFCSA: Bank of England Fraud same as in Australia: Illegality and corruption...
Thus, the exposure of criminality at the very top of Britain’s banking and regulatory establishment was the result of a private claim against the bank, and not the actions of the Serious Fraud Office...
View ArticleBFCSA: The Great Recession of 2007-2009, which has been morphing into a...
The Great Recession of 2007-2009, which has been morphing into a Depression, This correlates with an article by Philip Soos in the Guardian on 5 February 2016...
View ArticleBFCSA: Why youth using $5000 super is dumb idea: The Coalition’s housing war...
The Coalition’s housing war on youth By Guest in Australian Property at 2:45 pm on April 13, 2017 | 21 comments By Rob Burgess, cross-posted from The New Daily:...
View ArticleBFCSA: How ANZ, HSBC and Firstmac flogged crappy Lo Docs loaded into RMBS...
ANZ releases an RMBS filled with loans originated by FirstMac Fiduciary Services P/L and HSBC Bank Australia Limited. Insane...56% lo docs and 44% no docs in preliminary pools. Lo docs No docs...
View ArticleBFCSA: Mortgage lender trickery with 'bundled' loans. We have higher...
Australia is following CANADA down the same path and damage to the economy will be the same...................BIG GAPS IN OUR BANK DATA A vicious circle..the masses go into dept over their heads and...
View ArticleBFCSA: Liberal corruption gone mad: The LNP Welfare Card: the true facts...
Of course they wouldn’t reveal names of supporters in cashless welfare scam Read second article.... it is common knowledge that the Liberals also need to repay their current parliamentary leader,...
View ArticleBFCSA: Deloitte: House prices “dangerously dumb.” Could destroy almost $1...
Deloitte: House prices “dangerously dumb” By Houses and Holes in Australian Economy, Australian Property at 6:03 am on April 12, 2017 | 23 comments...
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